Home / Market Beat / Higher trades in markets. Banks move up.

Higher trades in markets. Banks move up.

Markets have opened in the green, after yesterday’s disastrous fall. Banking and Oil stocks have helped the indices flare a bit from yesterday’s lows.

The Sensex is up 197 points or 1% at 17,643. Nifty has gained 59 points to 5,340.

BSE consumer durables index has gained 2% to 6,452. Realty, Bankex and power indices have move dup half a per cent each in morning deals.

A pull back in the banking stocks have helped the markets this morning. Reliance Industries, Reliance ADAG, ICICI Bank and ONGC have advanced in opening trades.

Hindalco has gained 2.2% to Rs 143, followed by heavyweight – ICICI Bank. BHEL, Tata Motors, Tata Steel and Hero MotoCorp have advanced around 2% each. AMong other gainers are DLF, Reliance and SBI. However, TCS has slipped nearly a per cent this morning and is trading at Rs 1,241.
Jaiprakash Associates has jumped 2.5% to Rs 72.

Gitanjali Gems has soared 3% to Rs 409.



Related Videos